It seems unlikely that Satoshi Nakamoto would have envisioned that more than 562 million people in the world would own cryptocurrency by 2024, just 15 years after he or she invented Bitcoin. The growth of crypto has been so explosive that few people realize just how new the technology still is.
Bitcoin was created in response to the 2008-09 global recession, when the value of many fiat currencies collapsed amid huge inflation. It was an alternative, decentralized currency that lived beyond the control of governments.
The idea spread like wildfire, and today there are more than 15,000 cryptocurrencies, all of them serving different purposes. Some are meant to replace money, others are designed to solve the challenges of cross-border remittances, and yet more are focused on privacy. There are others still, including thousands of community-focused memecoins with no other purpose than fun and engagement.
While many people in crypto are aiming to solve real problems in the world, the
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